73 Manila Avenue, Markham, ON

Berczy, Markham · MLS® N14034050

$1,699,888
For Sale
Listed 4 days agoNo offer date stated

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4+2Bedrooms
6Bathrooms
1Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Proudly offered by the original owners, this beautifully maintained & extensively upgraded detached home showcases true pride of ownership throughout, offers over...
  • Situated on a desirable no-sidewalk lot, this exceptional residence features a newly interlocked driveway with parking for up to 4 vehicles & outstanding curb appeal.
  • The thoughtfully designed interior showcases hardwood flooring throughout the main level, upgraded broadloom on the 2nd floor, wide-plank flooring in the walk-out...
  • The spacious second floor offers 4 generous bedrooms, including a luxurious primary retreat with spa-inspired 6-piece ensuite.
  • Located within the highly coveted Pierre Elliott Trudeau H.S. district, close to parks, trails, shopping, restaurants, transit & all amenities.

Proudly offered by the original owners, this beautifully maintained & extensively upgraded detached home showcases true pride of ownership throughout, offers over 4,000 sq. ft. of finished living space in one of Markham's most sought-after communities at Kennedy Rd. & 16th Ave. Situated on a desirable no-sidewalk lot, this exceptional residence features a newly interlocked driveway with parking for up to 4 vehicles & outstanding curb appeal. The thoughtfully designed interior showcases hardwood flooring throughout the main level, upgraded broadloom on the 2nd floor, wide-plank flooring in the walk-out basement, smooth 9-ft ceilings on the main & second floors, pot lights, designer lighting, fresh paint & upgraded extra-height interior doors, creating an elegant, luxurious feel. The chef-inspired kitchen is the heart of the home, featuring premium Thermador appliances, gas range, built-in refrigerator, custom centre island, Caesarstone countertops, designer backsplash & gas BBQ hookup, perfectly designed for family living & effortless entertaining. The spacious second floor offers 4 generous bedrooms, including a luxurious primary retreat with spa-inspired 6-piece ensuite. A second bedroom features its own private ensuite, while a separate full bathroom service the remaining two spacious bedrooms. The prof. finished w/out basement extends the home with a stunning feature wall, custom built-in cabinetry, pot lights, large bedroom, office/den, full 4pc bath, second laundry & kitchen rough-in, ideal for multi-generational living, guests, recreation or future in-law suite potential. Enjoy the refreshed backyard with newly laid sod & seamless indoor-outdoor living from the walk-out lower level. Located within the highly coveted Pierre Elliott Trudeau H.S. district, close to parks, trails, shopping, restaurants, transit & all amenities. A rare opportunity to own a meticulously cared-for family home where quality, comfort, location & pride of ownership are evident.

Key facts

Property type
Detached, 2-Storey
MLS®
N14034050
Bedrooms
4+2 (6 total)
Bathrooms
6 (1 half)
Size
2500-3000 sq ft
Lot
34.15 × 90.31 ft
Cross streets
Kennedy & 16th Ave.
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$7,444 / 2026
Days on market
4
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Bedroom 4Second3.66 × 3.05 m

broadloom · large window · double closet

Bedroom 3Second3.05 × 3.66 m

broadloom · ensuite bath · large window

Living RoomMain3.05 × 3.66 m

hardwood floor · large window · combined w/dining

RecreationBasement6.11 × 3.26 m

laminate · pot lights · walk-out

DenBasement2.26 × 2.29 m

Laminate

KitchenMain3.05 × 3.05 m

hardwood floor · centre island · pot lights

Dining RoomMain3.05 × 3.05 m

hardwood floor · w/o to deck · open concept

Bedroom 2Second3.05 × 3.66 m

broadloom · large window · closet

Dining RoomMain3.05 × 3.66 m

hardwood floor · large window · combined w/living

Primary BedroomSecond4.88 × 4.88 m

broadloom · walk-in closet(s) · 6 pc ensuite

RecreationBasement4.64 × 4.05 m

laminate · pot lights · window

Family RoomMain4.57 × 4.57 m

hardwood floor · large window

Bedroom 5Basement4.50 × 4.25 m

laminate · window

Our TakeTeam Asgarian · Broker
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Neighbourhood & location

Berczy, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$7,748/mo
$318KIncome needed
5.4×Price ÷ income
$1,788Weekly cost
$30,473Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $7,748Property tax $620Total carry $8,368

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,519per month

Mortgage amount $1,359,910 · 4.49% over 25 years

$339,978Down payment (20.0%)
$1,359,910Loan before insurance
$0CMHC premium
$8,140Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,519
Property tax
$620
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,140

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$30,473
Estimated closing costs
$30,473

Plus your down payment of $339,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,101/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$895,843Total interest paid
$2,255,753Total of all payments
Principal $1,359,910 Interest $895,843
YearPrincipalInterestBalance
1$30,347$59,883$1,329,563
2$31,725$58,505$1,297,838
3$33,166$57,064$1,264,672
4$34,672$55,559$1,230,000
5$36,246$53,984$1,193,754
6$37,892$52,339$1,155,863
7$39,612$50,618$1,116,251
8$41,411$48,820$1,074,840
9$43,291$46,939$1,031,550
10$45,256$44,974$986,293
11$47,311$42,919$938,982
12$49,459$40,771$889,523
13$51,705$38,525$837,818
14$54,052$36,178$783,766
15$56,507$33,723$727,259
16$59,072$31,158$668,187
17$61,754$28,476$606,432
18$64,558$25,672$541,874
19$67,490$22,741$474,384
20$70,554$19,676$403,830
21$73,757$16,473$330,073
22$77,106$13,124$252,967
23$80,607$9,623$172,360
24$84,267$5,963$88,093
25$88,093$2,137$0

At the end of your 5-year term

Total paid over the term
$451,151
Principal paid down
$166,156
Interest paid
$284,995
Balance remaining
$1,193,754

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
2.8%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.7%
Gross yield
− Property tax $7,444− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,226

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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